The Rules of Bibox Orbit 3 and Introduction of BlockPool (BPT) Token Sale on Bibox Orbit

Bibox Orbit 3 will be officially launched on 08/16/2019 (GMT+8). We would like to introduce you BlockPool (BPT) token sale on Bibox Orbit 3.

Ⅰ．Project Information

１．Project Introduction

BlockPool is a high-performance hardware-piloted public chain commissioned by HPB. It is composed of senior personnel pulled from various backgrounds including blockchain, hardware chips, and artificial intelligence, all of whom are committed to building a world-class mining pool. BlockPool will power its blockchain and hardware technologies and the impact of existing HPB partners and communities to work with projects and groups to attain greater benefits for our users.

２．BPT Token Information

Project Name

BlockPool

Token Name

BPT

Token Type

ERC20

Token Total Supply

1,000,000,000 BPT

Bibox Orbit Allocation

50,000,000 BPT (5%)

Bibox Orbit Price

0.004 USDT

*Special Notes

BPT does not have any circulating supply prior to the release of Bibox Orbit since there is no private sale. Only 0.3% of the total supply of BPT will be allocated as event reward to users participating in Bibox Staking 2.0, which will be launched soon.

· The number of lottery tickets will be determined by BIX amount in user accounts.

· Subscription by USDT

· The allocation will be prorated to the BIX locking amount for “BA” program.

· Subscription by BIX

Subscription Price

1 BPT = 0.004 USDT

The BIX subscription price of BPT will be determined according to the average 1-hour BIX/USDT closing price within 24 hours before the opening.

* The percentage of allocation for subscription by BIX is 40%, Bibox will gradually increase the percentage of it in the upcoming Bibox Orbit programs, guaranteeing a no less than 5% increase per time. At the same time, Bibox will extend the time to take snapshot of BIX, providing more benefits to long-term BIX holders.

08/21/2019 18:00 (GMT+8): Announce the number of lottery tickets for each user based on the snapshots, and users can start subscribing with USDT.

08/22/2019 18:00 (GMT+8): Subscription ends, lottery draw starts.

08/22/2019 22:00 (GMT+8): Announce the lottery results.

08/22/2019 24:00 (GMT+8): Deduct the corresponding USDT used for the successful subscription. The remaining USDT and BPT subscribed successfully will be distributed to “Funds – My Wallet”.

【Special Notes】

Bibox will take snapshots of BIX in user accounts (My Wallet + Exchange Account), which does not include BIX frozen for making orders or locked by “BA” program or Incentive Reward Plan.

Holding more BIX can help users to be allocated with more lottery tickets and increase the winning chances in the lottery.

If users choose not to subscribe during the subscription period, then their lottery tickets will be forfeited.

Subscription Amount

1 Lottery Ticket = 5,000 BPT

Users will get tickets according to the snapshot, users can determine the ticket amount they subscribe (From 0 to the amount of tickets they get).

Subscription Price: 1 BPT = 0.004 USDT

2.The Second Round: Exclusive for “BA”

By 23:59 on 08/20/2019 (GMT+8), users who lock at least 5,000 BIX for one year on the Bibox Ambassador Page will become Bibox Ambassadors and are eligible for the round 2. 08/21/2019 18:00 ~ 08/22/2019 18:00 (GMT+8): BAs can start subscribing with BIX.

All BAs will be confirmed to receive allocation. However, the allocation is proportional to the BIX locking amount of “BA” (No lottery needed, the more BIX one user locks, the higher allocation he/she will get). For example, if the total BIX locked by all “BAs” is 1 mil and 100,000 of the 1 mil BIX is locked by user A, then user A will receive 10% of the allocation of the Second Round.

“BA” can participate in both subscription rounds.

Locked BIX for Bibox Ambassador Program cannot be used for subscription. “BA” can only subscribe with BIX in “My Wallet”.

Subscription Price：

1 Lottery Ticket = 5,000 BPT

The BIX subscription price of BPT will be determined according to the average 1-hour BIX/USDT closing price within 24 hours before the opening

Bibox Ambassador Program is designed to reward loyal Bibox users, all “BAs” will have priority rights to Bibox new products and events.